Jorge deposited a check into his account for $100.75. Then, he withdrew $100.75 in cash in the same transaction. What is the net amount of Jorge's transaction?
Jorge deposited $100.75 and withdrew $100.75, resulting in a net amount of $0.
To determine the net amount of Jorge's transaction, we need to subtract the amount he withdrew from the amount he deposited.
Net amount = Amount deposited - Amount withdrawn
In this case, Jorge deposited $100.75 and then withdrew the same amount, $100.75.
Net amount = $100.75 - $100.75
Subtracting the two amounts, we get:
Net amount = $0
Therefore, the net amount of Jorge's transaction is $0.